The liquidity sweep above the order block zone on $KITEUSDT is a game-changer, with price now hovering around 0.20470, a critical level that could propel us higher. This zone has been a point of interest for smart money, and the fact that we're seeing a sweep above it suggests they're looking to push price up.
From a technical standpoint, the higher time frame is bullish, with an RSI of 61 indicating there's still room for growth. Volume is also 2.5x higher than usual, which tells me there's a lot of interest in this coin right now. The SMC Score is at 5.1/10, which is relatively neutral, but given the overall bullish bias, I'm inclined to side with the bulls.
Here are the key trade levels:
- Entry: 0.20350
- Take Profit 1: 0.21040 (RR 1.7x)
- Take Profit 2: 0.22075 (RR 4.2x)
- Stop Loss: 0.19936
With the order block zone providing support, I'm confident that we can push up to 0.2104 and beyond. For those looking to get in, keep an eye on the 0.2035 level and be prepared to long.
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